"Scott has confirmed that the core samples were in good condition for RCA and have provided accurate permeability at the locations sampled. This is the market sensitive info that he told share holders he would announce to market once the lab testing was completed. And he’s elected not to.."
The MK-1 sidewall cores might have produced 2 or 3 permeability readings but bearing in mind the issues experienced with the mud system and getting logs off I really believe most of the SWC's from that well were in such a state as to be of little use for either Routine or Special Core Analysis.
MK-2 sidewall cores - I doubt the lab work has been completed yet. They were cut with SLBs MaxCore tool and the well was drilled with less overbalance so physical condition will be much better than Mk-1 cores and there should be less filtrate invasion.
IVZ Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
